Another Treebo cofounder Kadam Jeet Jain exits, will take up advisory roleIn February this year, another Treebo founder Rahul Chaudhary who had left the firm in 2021, said he had joined venture capital fund Matrix...
08 Mar, 2023, 04.17 PM IST
Treebo cofounder Rahul Chaudhary joins VC fund Matrix PartnersIn his new role as venture partner at Matrix India, Chaudhary will be looking at early-stage investments for the fund, focussing on seed to...
06 Feb, 2023, 08.42 PM IST
Treebo Hotels says it has achieved EBITDA breakeven in December last year, co reported adjusted EBITDA of Rs 1.65 cr for the monthTreebo works on a tech-enabled “manachised” model, a hybrid of management contracts and franchising, whereby customers get access to proper...
19 Jan, 2023, 05.18 PM IST
Treebo raises $16 million Series D funding from Accor and othersThe investment by Accor is part of a broader partnership wherein Treebo will deploy Hotel Superhero, its cloud-based hotel management softw...
30 Jun, 2021, 06.18 PM IST
Treebo strengthens senior team with three promotionsThe company also announced that it has rehired 65 of its former colleagues, who had exited as part of the paid voluntary resignation scheme...
27 May, 2021, 01.05 PM IST
CCI tells MakeMyTrip to relist Oyo rivals Treebo, FabHotelsThe move comes as an interim relief to Treebo and FabHotels amid an investigation into MakeMyTrip’s alleged misuse of its dominant position...
10 Mar, 2021, 06.01 AM IST
Treebo Hotels raises Rs 10 crore from angel investorsTreebo Hotels currently has a portfolio of over 600 hotels in more than 100 cities.
27 Oct, 2020, 05.43 PM IST
Treebo Hotels launches paid voluntary resignation scheme for employeesAfter a townhall with its co founders, Sidharth Gupta and Rahul Chaudhary, Treebo's HR department sent an email to its employees which stat...
06 Apr, 2020, 06.17 PM IST
Treebo launches unbundled offering ‘Hotel Superhero’, 100 properties sign up in pre-launch phaseThe platform aims to empower small and medium sized hotels with tools and capabilities across all aspects of operations.
15 Aug, 2019, 02.12 PM IST
Treebo fires 120 employees, blames failed fundingIn July last year, Treebo had laid off 70-80 employees after online travel agency MakeMyTrip stopped listing the company on its platform
12 Jul, 2019, 08.23 AM IST
Accor in advanced talks to invest up to $40 million in TreeboThe potential investment is expected to give Treebo a post-money valuation of $205-240 million and is likely to be part of a future larger ...
11 May, 2019, 10.40 AM IST
Budget hotel brand Treebo lays off 70-80 staffA company spokesperson confirmed the layoffs stating that redundancies were a result of the Bengaluru-headquartered Treebo doubling down on...
23 Jul, 2018, 10.07 AM IST
MakeMyTrip may take a stake in Oyo, to delist rivals Treebo, FabhotelsMakeMyTrip’s decision to bet on OYO Rooms is the latest in a series of moves aimed at cementing its partnership with the SoftBank-backed co...
07 Apr, 2018, 11.17 AM IST
Investors book a spot in Treebo with Rs 226 croreThe series-C round of equity financing is the first by the Bengaluru-headquartered Treebo, since it announced a Rs 112-crore round of fundi...
30 Aug, 2017, 09.15 AM IST
Ex-Yahoo executive Khilan Haria joins Treebo as head of productPrior to joining Treebo, Haria was working as head of product at Teabox, a vertical e-commerce company focused on premium tea.
17 Aug, 2016, 02.35 PM IST
Koramangala properties amongst our best performing hotels: Founders, TreeboIf budget hotels are what you look for, with 1,000 carefully curated rooms across six cities, Treebo boasts of providing you best services ...
16 Sep, 2015, 12.03 PM IST
Hospitality professionals shift loyality to startupsSeveral hospitality professionals are marching out from premium hotels to a bevy of budget hotel startups that are mushrooming across the c...
10 Sep, 2015, 08.05 AM IST